Tags » Recovery Plan

Navigating “Year Two”: Regulatory landscape and challenges for foreign banks and their IHCs

After the July 1, 2016 compliance deadline for foreign banking organizations (FBOs) to establish US intermediate holding companies (IHCs) and implement the enhanced prudential standards,1 we noted that, although the effective date marked a key milestone on the journey toward effective compliance, the “long road to operationalizing run-the-bank (RtB) functions has just begun.”2 Heading into Year Two, FBOs with their US IHCs and broader combined US operations (CUSO) contend with the reality that there is a significant road yet to be traveled in a regulatory environment focused on local/jurisdictional implementation that challenges the global model. 1,669 more words

Financial Services

Recovering troubled projects

When i recovered the first project about ten years ago i did not know this kind of projects are called ‘troubled’. Couple of years latter i enrolled in a training called “Recovering troubled projects’ by PMI where the ‘Aha!” moment descended upon me: this is what i did! 179 more words

Tips And Tools Box

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Treadmill Tales #4

That’s just about a mile clocked up now – it’s taken me rather longer than it once did!

Same stats as days two and three … with pace of 3.1 mph and a wee quarter of a mile completed. 72 more words

Chronic Illness

Post Retinal Surgery - My Recovery Plan

TSW is a goal-oriented program. Each blog is pivoted around a goal(s) to help users identify the things they want to accomplish in their lives to build out their… 35 more words
Self-development

FRB, FDIC issue resolution planning guidance, one-year extension to four FBOs; Issue evaluation of 16 US BHC resolution plans

On March 24, 2017, the Federal Reserve Board (FRB) and Federal Deposit Insurance Corporation (FDIC)1 (collectively, the “agencies”) issued guidance to four foreign banking organizations (FBOs) for their next resolution planning submissions (the “2018 Guidance”) and announced credibility determinations for 16 resolution plans submitted by US bank holding companies (BHCs) in 2015.2… 1,002 more words

Financial Services

Scripting a Zerto Recovery Plan v2

One of the most popular blog posts in the archive has been scripting recovery plans in Zerto. This is most likely because one of the most frequent requests I hear is the ability to control the boot ordering of Virtual Protection Groups (VPGs), not just the VMs within a VPG. 164 more words